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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    NetSuite adds analytical, accounting programs

    Jim Finkle
    BOSTON
    Mon Mar 24, 2008 4:14pm EDT

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    BOSTON (Reuters) - U.S. software maker NetSuite Inc (N.N) is adding new accounting, business analysis and sales force automation programs to its product line, the company said in an e-mail sent to Reuters on Monday afternoon.

    Technology  |  Stocks  |  Global Markets

    The business software maker, which is majority owned by billionaire and Oracle Corp (ORCL.O) Chief Executive Larry Ellison, disclosed its plan in an invitation to an April 16 gathering to promote the products.

    NetSuite shares rose $3.12, or 15 percent, to close at $24.12, in New York Stock Exchange trading.

    The company sells a suite of software programs that small and mid-sized companies can access over the Web. They cover tasks from accounting to sales and marketing and Web commerce.

    Mark Schappel, a financial analyst with Benchmark Co, said he saw a demonstration of the product last week.

    He said one significant addition to the suite is software that allows companies to "slice and dice" data on business transactions, providing valuable information on how the business is going throughout the course of each reporting period.

    "It's a great product. But it's an incremental addition from what they already had," he added.

    (Reporting by Jim Finkle, editing by Leslie Gevirtz; Editing by Andre Grenon)
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